Marlin Completes Acquisition By Funds Managed By Affiliates Of Hps Investment Partners Llc
Jan 20, 2022•almost 4 years ago
Acquiring Company
Funds
Acquired Company
Marlin
Financial Services
Description
Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses (“Marlin” or the “Company”), announced today the completion of its acquisition by funds managed by affiliates of HPS Investment Partners LLC (“HPS”) effective January 20, 2022, for $23.50 per share in an all-cash transaction.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed